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Chile - Animal Fats And Oils - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAnimal Fats Price in Chile - 2023
Contents:
- Animal Fats Price in Chile (FOB) - 2023
- Animal Fats Price in Chile (CIF) - 2022
- Animal Fats Exports in Chile
- Animal Fats Imports in Chile
Animal Fats Price in Chile (FOB) - 2023
In July 2023, the average animal fats export price amounted to $34,207 per ton, growing by 11% against the previous month. In general, the export price recorded a remarkable increase. The pace of growth appeared the most rapid in August 2022 an increase of 135% month-to-month. The export price peaked in July 2023.
Prices varied noticeably by the country of destination: the country with the highest price was South Korea ($44,460 per ton), while the average price for exports to South Africa ($28,786 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.
Animal Fats Price in Chile (CIF) - 2022
The average animal fats import price stood at $1,734 per ton in 2022, increasing by 50% against the previous year. Over the period under review, the import price, however, showed a abrupt decline. The pace of growth appeared the most rapid in 2013 an increase of 85% against the previous year. The import price peaked at $5,805 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($2,378 per ton), while the price for the United States ($1,405 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+53.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Animal Fats Exports in Chile
In 2022, the amount of animal fats and oils exported from Chile skyrocketed to 3.6K tons, jumping by 20% compared with the year before. Overall, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +23.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -4.7% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 97%. As a result, the exports attained the peak of 3.8K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, animal fats exports soared to $53M in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +14.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.7% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Animal Fats in Chile (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 13.9 | 17.7 | 18.0 | 25.3 | 22.1% |
United Kingdom | 10.7 | 8.8 | 1.5 | 9.6 | -3.6% |
South Korea | 1.5 | 2.5 | 4.0 | 5.6 | 55.1% |
Peru | N/A | 1.3 | 2.0 | 2.8 | 46.8% |
Japan | 0.5 | 3.1 | 1.7 | 2.4 | 68.7% |
Turkey | 0.2 | 1.0 | 1.4 | 2.0 | 115.4% |
India | 0.5 | 0.8 | 1.1 | 1.5 | 44.2% |
Germany | 3.6 | N/A | N/A | N/A | 0% |
Guatemala | N/A | 0.6 | N/A | N/A | 0% |
Colombia | N/A | N/A | 0.4 | N/A | 0% |
Netherlands | N/A | N/A | 10.4 | N/A | 0% |
Others | 3.8 | 2.4 | 2.0 | 3.4 | -3.6% |
Total | 34.7 | 38.0 | 42.4 | 52.6 | 14.9% |
Top Export Markets for Animal Fats from Chile in 2022:
- United States (1611.7 tons)
- United Kingdom (572.4 tons)
- Japan (376.9 tons)
- India (299.4 tons)
- South Korea (268.8 tons)
- Peru (176.7 tons)
- Turkey (120.7 tons)
Animal Fats Imports in Chile
In 2022, approx. 5K tons of animal fats and oils were imported into Chile; with an increase of 73% on 2021 figures. Over the period under review, imports, however, showed a pronounced curtailment.
In value terms, animal fats imports soared to $8.6M in 2022. In general, imports showed prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Animal Fats in Chile (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Peru | 5.0 | 2.8 | 0.5 | 4.1 | -6.4% |
Argentina | 0.9 | 1.2 | 1.8 | 2.7 | 44.2% |
Colombia | 0.4 | 0.8 | 0.3 | 0.7 | 20.5% |
Malaysia | 0.1 | 0.2 | 0.4 | 0.6 | 81.7% |
United States | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
Saudi Arabia | 0.3 | 0.5 | N/A | N/A | 66.7% |
Others | N/A | 0.2 | 0.2 | 0.2 | 0.0% |
Total | 6.9 | 5.8 | 3.3 | 8.6 | 7.6% |
Top Suppliers of Animal Fats to Chile in 2022:
- Peru (2635.2 tons)
- Argentina (1543.9 tons)
- Colombia (309.9 tons)
- Malaysia (238.8 tons)
- United States (171.2 tons)
This report provides an in-depth analysis of the animal fats market in Chile. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10416030 - Animal fats and oils and their fractions partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, but not further prepared (including refined)
Country coverage:
- Chile
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Chile
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the animal fats market in Chile.
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This report provides an in-depth analysis of the animal fats market in Chile.
This report provides an in-depth analysis of the vegetable oils market in Chile.
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